PSE:TUGS Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	250.65	349.15	383.03	285.19	266.46	263.96
Cash & Short-Term Investments	250.65	349.15	383.03	285.19	266.46	263.96
Cash Growth	-13.45%	-8.85%	34.31%	7.03%	0.95%	-3.13%
Accounts Receivable	1,235	1,142	1,192	1,089	1,067	806.41
Other Receivables	0.45	4.44	18.81	2.56	0.76	4.05
Receivables	1,235	1,146	1,211	1,091	1,068	810.47
Prepaid Expenses	120.63	97.27	98.07	80.59	120.29	108.76
Other Current Assets	461.53	457.94	528.26	533.18	416.27	345.73
Total Current Assets	2,068	2,051	2,220	1,990	1,871	1,529
Property, Plant & Equipment	4,490	4,617	4,636	4,600	4,427	3,964
Long-Term Investments	156.16	155.53	148.27	207.44	195	209.09
Goodwill	-	-	-	-	-	154.21
Other Intangible Assets	22.62	22.74	24.74	23.55	47.64	56.44
Other Long-Term Assets	436.6	396.98	307.38	312.27	311.21	296.32
Total Assets	7,173	7,243	7,337	7,133	6,851	6,209
Accounts Payable	575.14	586.31	612.18	444.72	399.96	333.36
Accrued Expenses	188.17	199.63	533.52	471.31	399.79	223.19
Short-Term Debt	-	-	-	-	22.73	522.27
Current Portion of Long-Term Debt	2,171	2,280	938.34	257.79	281.28	259.27
Current Portion of Leases	8.26	8.26	7.25	9.07	6.18	6.77
Current Income Taxes Payable	10.58	8.24	35.97	6	8.25	0.3
Current Unearned Revenue	-	-	-	9.37	11.77	10.96
Other Current Liabilities	140.7	125.89	96.44	105.5	93.82	79.78
Total Current Liabilities	3,094	3,209	2,224	1,304	1,224	1,436
Long-Term Debt	1,124	1,116	2,371	3,293	3,509	3,312
Long-Term Leases	32.96	32.92	38.97	41.43	27	31.83
Pension & Post-Retirement Benefits	201.29	201.29	178.03	164.52	142.23	105.99
Long-Term Deferred Tax Liabilities	267.36	267.36	236.83	243.38	170.36	49.45
Other Long-Term Liabilities	0	2.83	9.3	-	7.11	15.25
Total Liabilities	4,719	4,829	5,058	5,046	5,080	4,950
Common Stock	907.86	907.86	907.86	907.86	907.86	907.86
Additional Paid-In Capital	121.63	121.63	121.63	121.63	121.63	121.63
Retained Earnings	470.98	353.2	248.06	52.27	-7.69	-32.19
Treasury Stock	-37.61	-37.61	-37.61	-37.61	-37.61	-37.61
Comprehensive Income & Other	978.26	978.35	942.6	1,025	758.2	278.71
Total Common Equity	2,441	2,323	2,183	2,069	1,742	1,238
Minority Interest	12.48	90.22	96.39	18.11	28.98	20.53
Shareholders' Equity	2,454	2,414	2,279	2,087	1,771	1,259
Total Liabilities & Equity	7,173	7,243	7,337	7,133	6,851	6,209
Total Debt	3,336	3,437	3,356	3,601	3,847	4,132
Net Cash (Debt)	-3,085	-3,088	-2,973	-3,316	-3,580	-3,868
Net Cash Per Share	-3.45	-3.45	-3.32	-3.71	-4.00	-4.32
Filing Date Shares Outstanding	894.59	894.59	894.59	894.59	894.59	894.59
Total Common Shares Outstanding	894.59	894.59	894.59	894.59	894.59	894.59
Working Capital	-1,026	-1,158	-3.23	686.68	646.89	93.02
Book Value Per Share	2.73	2.60	2.44	2.31	1.95	1.38
Tangible Book Value	2,418	2,301	2,158	2,046	1,695	1,028
Tangible Book Value Per Share	2.70	2.57	2.41	2.29	1.89	1.15
Land	39.56	39.56	39.56	39.56	39.56	39.56
Buildings	2,058	-	-	2,038	-	2,016
Machinery	1,488	24,365	23,467	22,635	3,217	1,112
Construction In Progress	98.28	133.5	65.56	23.26	23.01	18.14

Source: S&P Global Market Intelligence. Standard template. Financial Sources.